Property profile

42-11 Northern Blvd Queens, NY 11101

OFF-MARKET
Retail properties & Spaces
18,000 SF
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Property summary

AI-generated overview

This exceptional 18,000-square-foot retail property is located at 42-11 Northern Boulevard in Long Island City, New York. The single-tenant space offers a unique opportunity for a business seeking high visibility and convenient access. The building boasts a prominent Northern Boulevard frontage of 200 feet, ensuring excellent street exposure and accessibility. The property features a single story with 14-foot ceiling height, providing ample space for a variety of retail uses. Two overhead drive-in doors offer convenient loading and unloading capabilities. The M1-5/R9-1 zoning allows for a range of potential uses. The strategic location between the 59th Street Bridge and the BQE provides easy access to Manhattan and major roadways throughout New York City. Furthermore, its proximity to the M train ensures excellent public transportation access via subway and bus lines. This is a truly one-of-a-kind retail opportunity in the heart of Long Island City. The property's APN is 671-1. The entire 18,000 square feet is currently vacant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 18,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Motorcycle Shop (Bike/Boat/Book/etc) Store

Location

42-11 Northern Blvd Queens, NY 11101
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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